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Automobile
Twitter board says it will enforce Elon Musk’s takeover agreement
Twitter Inc.’s board said it plans to enforce its $44 billion agreement to be bought by Elon Musk, saying the transaction is in the best interest of all shareholders.
“We intend to close the transaction and enforce the merger…
Three injured at Manheim auction in Florida
An accident involving two vehicles at Manheim Auctions' location in West Palm Beach, Fla., last week left three people injured.
According to the Palm Beach County Sheriff's Office, a man driving a Tesla lost control of the vehicle in…
Hyundai, Kia plan to invest $16.5 billion in EV production in South Korea
Hyundai Motor Co. and its Kia affiliate plan to invest $16.5 billion to boost electric vehicle production in South Korea, including building a new factory that would ultimately have the capacity to produce around 150,000 cars a year.…
Here’s the updates on the 2023 BMW 3 Series
The 2023 BMW 3 Series features a newly designed cockpit anchored by a curved display, which pairs a 12.3-inch information display behind the steering wheel and a 14.9-inch center control display.The model features BMW's iDrive 8…
Argo AI introduces non-commercial driverless vehicles
AUSTIN - Self-driving startup Argo AI on Tuesday said it had launched driverless vehicles in Miami, Florida and Austin, Texas, but added the vehicles initially were used for in-house testing, with commercial applications following at an…
U.S. traffic fatalities surge 10.5% in 2021 to highest count since 2005
Traffic deaths surged after coronavirus lockdowns ended in 2020 as more drivers engaged in unsafe behavior like speeding and driving under the influence of drugs or alcohol.
Traffic deaths in 2020 rose 6.8 percent and up 18 percent over…
First Shift: Latest microchip numbers from AutoForecast Solutions
• Latest microchip numbers from AutoForecast Solutions
• Stellantis reverses supplier's contract terms
• Transaction prices surge at Stellantis
• Hyundai Motor Group's EV sales
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Mercedes G-Class EV will use silicon battery tech to boost range
The G-Class is among the most expensive cars in the Mercedes range, playing an increasingly important role in the manufacturer’s strategy of boosting margins to help fund its transition to EV technology.
When a battery is charged, ions…
Former journalist, PR veteran, Automotive News staff member Dick Plumb dies at 97
Charles R. “Dick” Plumb, who headed public relations for Rockwell International’s automotive unit for more than two decades, died peacefully at his home in South Carolina on May 8. He was 97.
Early in his career, Plumb worked as a…
Why EV startups are facing a cash squeeze
Canoo is the most recent company to report a potential liquidity crunch. The company said on May 10 that it has lined up $300 million in funding from existing shareholders and an equity purchase agreement with Yorkville Advisors, along…